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  • Graduate Mythbuster May Encourage Aspiring Accountants

    Posted on Monday, April 11, 2022 by Lydia Sinclair — 1 comment

    A common image of life for new graduates is that their first few months after student life ends will involve signing on or working in McDonalds, with only a lucky few grabbing the limited number of skilled graduate jobs that are available. However, while some would argue that stereotype was true at times in the past - especially when unemployment was high - it is not the case now. A survey by ...

  • What Makes Cryptocurrency Challenging For Accountants?

    Posted on Wednesday, March 16, 2022 by Lydia Sinclair — No comments

    The world of accountancy recruitment in the future may look considerably different from its present , depending on the adoption and evolution of a range of different technologies that have the potential to change the face of financial investment and how to account for that. One of the biggest challenges in this regard is blockchain assets, which take the form of both cryptocurrency and ...

  • Why Making Tax Digital Is The Biggest Change In UK Accountancy In Decades

    Posted on Friday, March 4, 2022 by Lydia Sinclair — 1 comment

    At the start of the new financial year in April, the next phase of one of the biggest seismic shifts in UK accountancy in several decades is set to come into effect as Making Tax Digital for Value Added Tax comes into effect, with major ramifications for accountancy recruitment and the profession in general. The Making Tax Digital initiative, initially launched in 2017 as a holistic ...

  • How To Attract And Retain Accountancy Talent

    Posted on Monday, February 28, 2022 by Lydia Sinclair — No comments

    It has become increasingly challenging to attract the right talent into accountancy in 2022. But with the pandemic restrictions coming to an end, and the industry busier than ever, accounting firms need to look at how they can attract and retain talent. A growing and expanding accountancy firm will need to ensure it develops a positive work culture that helps employees excel and attracts the ...

  • How Has Accountancy Changed Over The Years?

    Posted on Wednesday, February 23, 2022 by Lydia Sinclair — No comments

    For as long as people have traded goods and services with each other, there has been a need for accounting, even before the development of cash-and-commerce economies and currency as we know it today. However, the accounting world of the Mesopotamians 7,000 years ago is very different to the modern, fast-paced and technology-driven world of today, and the field, as well as accountancy ...

  • Record Starting Salaries As Recruitment Spikes

    Posted on Wednesday, February 16, 2022 by Lydia Sinclair — No comments

    Starting salaries have increased at record rates, and levels of permanent employment grew in November, according to the latest Report on Jobs, compiled by KPMG and the Recruitment and Employment Confederation (REC). According to Reuters , starting salaries have been rising each month since March 2021, and temporary wages have also increased, with pay for short-term staff increasing for the ninth ...

  • Accounting Industry Trends For The New Year

    Posted on Tuesday, February 8, 2022 by Lydia Sinclair — No comments

    After two years of disruption in the world of accountancy recruitment, accountancy accreditation and accountancy as a whole , the entire industry has adapted to a changing economic world, and have become more vital components than ever to ensure a business’ financial recovery. With the newest talent and graduates entering the profession during a time of uncertainty, here are some of the global ...

  • ACCA UK Urges Action On Apprenticeships

    Posted on Monday, February 7, 2022 by Lydia Sinclair — No comments

    The Association of Chartered Certified Accountants (ACCA) has called on communities to add their support to apprenticeships by committing to action and change, ahead of National Apprenticeship Week 2022, from 7 to 13 February. FE News reports that ACCA has asked parents, schools, colleges and training providers to pledge their backing of apprenticeships as an alternative route into accountancy as ...

  • Accountancy Industry Needs To Improve Diversity, Say Leaders

    Posted on Monday, January 31, 2022 by Lydia Sinclair — No comments

    Recent research from GetApp UK has revealed that 59 per cent of employers of small and medium-sized businesses believe that their organisations need to work harder to improve diversity and inclusion initiatives. Accountancy Age reports that other studies have found that this opinion is not without merit, as a survey by the Chartered Institute of Public Finance and Accountancy (CIPFA), that found ...

  • Government Launches Consultation On Self-Assessment Reforms

    Posted on Tuesday, January 18, 2022 by Lydia Sinclair — No comments

    Her Majesty’s Revenue and Customs have launched a consultation on potential reforms for Income Tax Self-Assessment for self-employed sole traders, partnerships and landlords, with implications for the accounting profession and accountancy recruitment . The open call for evidence is primarily focused on when self-employed people and landlords must make themselves known to HMRC and begin to ...

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